Spydertrader's Jack Hershey Equities Trading Journal III

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Current Final Universe

BITS COGO DTLK FTEK GROW GRRF HWCC IAAC ININ LQDT MIKR NVEC OMRI PCCC RATE SIM SIRF SNCR SYX XING

HWCC and XING currently without Rank

I no longer use Stocktables.com now that I have added the 25% Insider and 25% Institutional Owned Shares Criteria.

Based on applying the Hershey Fundamental Criteria (including the 25% pair) to the entire stock market (roughly 8700 symbols currently), we can narrow the field down to 184 stocks.

Here are those stocks:

ACLI AER AFSI ALY AMIS AMSF AOB AOS APKT ARP ASCA ASPV AVX AYR BBG BBW BBX BEBE BHS BMA BRNC BYD CAB CALM CBEY CCRT CENT CGI CKXE CLMS CLRK CMED CNA CNS COGO COGT CORS CPC CPX CRVL CRZO DCP DLB DLR DPZ DRQ DRYS DSW DWA EGLE ELOS EQY ERJ ETM FBC FNF FOSL FRO FTEK GDP GSIC GSTL HBG HBI HGT HHS HITT HLF HLYS HOV HRZ HS HTLD HWCC IAAC IDC IFS IHS ININ IPGP ISLE IT ITC ITWO IUSA JAH JCG JRN KCI KEA KND KNL KNOT KNX LOOP LQDT MCHX MFW MNI MOV MTZ MWA NATI NCTY NDN NFLX NNI NSTC NTE NWY OCN OMRI OO ORH OXPS PBCT PBH PCCC PCR PEC PLA PLSB POR POS QMAR QSII RATE RES RGC RJET RUTH SAH SBGI SBNY SCHN SFUN SKX SMG SMRT SNCR SNDA SOHU SPWR SRX SUNH SWC SWFT SWHC SYKE TG THO TLB TNOX TPX TRAD TRAK TRLG TRW TRX TSCM TTEC TUES TW TWLL TWPG TXRH UA VDSI VEH VGR VLCM VNT VOL WERN WINN WIRE WLK WPSC WTI WTS WTW XING ZUMZ ZZ

I have seen no drop off in performace using the methods previously described. In fact, one might say, I've seen enhanced performace.

Good Trading to you all.

- Spydertrader
 
Quote from Haroki:

Wow, Telechart has a vastly different initial universe.... How to check which is correct?
More...

Both versions may be correct. The differences most likely result from the Positive EPS culling parameter. Qcharts uses a Yearly EPS. If Telechart uses quarterly EPS, then you'd have vastly different results.

- Spydertrader
 
Quote from Haroki:


no MSN. I'm usually posting from work - my office is an old travel trailer and my connection is through a slooooow dialup. The chart I posted earlier during the day took like 5 minutes to upload !!!!
Sometimes I'm at home early in the am - until 11-12 eastern - posting, and then off to work. Best bet would be to chat here...
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Goodness! Are you trading from some remote outpost in the middle of nowhere? Don't tell me you are living in the US or Europe?

I guess I'm spoiled living overseas getting 100 Mbps with optical fibre to the home for 30 USD/month. 10 years ago when I first visited Asia, I could transfer money via a cell phone or via a web browser to anyone I met, to any bank for a small fee of less than 1 dollar. These were bank to bank transfers. Instantaneous.

Please tell me you can do this money transfer within the US. Instantaneously transfer funds from one unrelated bank to another with a minimal sub 1 dollar charge.
 
Quote from johnpinochet:

Goodness! Are you trading from some remote outpost in the middle of nowhere? Don't tell me you are living in the US or Europe?

I guess I'm spoiled living overseas getting 100 Mbps with optical fibre to the home for 30 USD/month. 10 years ago when I first visited Asia, I could transfer money via a cell phone or via a web browser to anyone I met, to any bank for a small fee of less than 1 dollar. These were bank to bank transfers. Instantaneous.

Please tell me you can do this money transfer within the US. Instantaneously transfer funds from one unrelated bank to another with a minimal sub 1 dollar charge.
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LOL -

My profile is accurate. Live in Napa, Ca and work for a Winery. My office is at the shop location in the middle of our vineyard. And no cell phones work there either....

Hence why I was trading prior to this on a slower time frame...

:)
 
Quote from Spydertrader:

Both versions may be correct. The differences most likely result from the Positive EPS culling parameter. Qcharts uses a Yearly EPS. If Telechart uses quarterly EPS, then you'd have vastly different results.

- Spydertrader
More...

It's a mystery - here's my sort again...

RS rank 1 yr vs SP-500 80+
EPS rank (% change latest quarter) 80+
Price - 10-50
Volume - 200,000 avg +
Float - 5-60 million
Earnings (1 yr) in millions - .1 million +

I guess just data source differences....

Some on your list - mine show virtually no insider owned, or low EPS rank, etc. Oh well, as long as they cycle...
 
Hi Spyder,

From what I've read into your message, you're saying that you look for trades in the expanded universe (multiverse?) and 'rank' is a secondary consideration?

Mark
 
Well, I just got a PM from a guy that said that Telechart's fundy stats aren't updated very often and are often wrong.

Time to find another way to filter stocks...
 
Quote from mischief:

From what I've read into your message, you're saying that you look for trades in the expanded universe (multiverse?) and 'rank' is a secondary consideration?
More...

For Beginner Methods, Rank still plays a fundamental role. After all, repeatability leads to profitability. However, the Advanced Methods (FTT's and Gaussians) work in any market on any time frame. As such, rank has a lessor role. Sometimes, the two methods intersect (an FTT forms on a Final Universe Stock). When this happens, one often hits gold.

- Spydertrader
 
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